QS trade ideas
#QS breaking highAfter a necessary correction from the big run to the 120$/share, Quantum Scape #QS is showing a symmetrical triangle with a uptrend tendency. It might hit the 90$ level in the days to come. I'm going long for thin one
$QSAlmost the same setup as $FUBO. i will be opening my position once the price comes down to my (POI). Or start taking small positions and keep stacking as it goes down towards our (POI) but the stoploss should strictly be under the
zone no ecxuses because we need to protect our capital or minimize our loss. Leave some cushion though. Market has brain of its own it can throw all kind of curve balls.
Goodluck all and Trade Safe.
buy and brace your self ! so far QS impressed me, it has been too predictive, can it be again ?? Im buying @ 101 maybe a little lower..
Quantumscape is a Buy. Max Greed when others are in max fear. Many reasons to buy. ignore the news.
Maximum fear due to court issues / performance issues etc, like after literally pumping 10x like crazy within a month.
Technical points
- 50 Day MA support
- 0.713 fib support
- double bottom formation
- %60 drop from all time highs within 2 weeks.
I expect a 'fear rebound' and probable outcome is the gap close at $83
QS LongPrice have been trading above MA200.
Seem to be cosolidating with potential break out of MA 20
Start accumulation 59 and below.
$QSFundamentals aside, Qs bounced off support and is currently in a bull flag on the 1hour the r/r here seems good if you managed to buy here. If $60 breaks it runs to the top of the channel in which case we could see a golden cross form. If this manages to stay over the flag to the upside we could see a gap fill in which case targets are in play. Dip below and we run into bottom 2 supports and H/S play out.
(High risk, High reward) Use with your own discretion and DD
$QS$QS Bearish, below EMA, momentum is low. Support at $47.85 gave it a little boost but not enough to rally. Might reverse once it hit support depending on the volume.
QS UpdateBig Head and Shoulders looking to play out on NYSE:QS
Price needs acceptance in orange area or it will continue to explore downside liquidity.
QS: Looking to Explore the DownsideNYSE:QS
Hello all,
First time puling up the 8hr chart for QS and I must say. I don't like anything about this in the long scenario. Here is the downside charted out.
I didn't consider fundamentals in this analysis and this chart is for educational purposes only.
QS UpdateNYSE:QS Quick update for anyone following. Does look bearish but this is QS we are talking about here. Here are some quick levels for everyone.
This does look like a short here, however none of my indicators are so not close to producing a signal I would be comfortable acting on.
QS long setup with Leaps QS 1st entry triggered at 38.2% retracement at 49.50 Leaps. Look to scale in 2nd entry if QS drops further completing wave (C) at $41. Wave Count Invalidation at 42. QS is a solid-state battery company released data demonstrating that it’s single-layer batter cell could charge in 15 minutes. QS is also using an electrolyte gel, making it more of a hybrid solution than a pure solid-state battery, at least for the time being. That said investor interest for solid-state hold the promise of energy densities 50-100% higher than those of traditional Lithium Ion batteries. Our research suggest QS is targeting the Electric Vehicle market, look to establish Leaps on QS with expiration 2022.
Going to the 50% retracement level at $72 - first support.Watching for a possible swing entry point as we are neutral on this - waiting to see whether the 50% retracement at $72 will be support and we some consolidation. Bearish divergence on the MACD.
